China will tax lithium and solar batteries for the first time in a decade, but sodium batteries stay exempt
China will impose a consumption tax on lithium-ion and solar batteries for the first time in a decade, marking a policy shift as Beijing seeks to rein in overcapacity and destructive price wars in industries it spent years subsidising into global dominance. A 2% tax on lithium-ion batteries takes effect this September, rising to 4% […]<br /> This story continues at The Next Web [...]
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How AI tax startup Blue J torched its entire business model for ChatGPT—and became a $300 million company
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A Chinese scientist built a sodium battery that charges in 4 minutes. It could break China’s 75% lithium dependence.
Lu Yaxiang, a professor at the Chinese Academy of Sciences’ Institute of Physics, has spent a decade making sodium-ion batteries commercially viable. In April, he received China’s Youth May Fourth [...]